SEC Filing Summary: Technology Investment Capital Corp.
Business Context and Reporting Period
This Form 8-K was filed by Technology Investment Capital Corp. on November 23, 2005. The report discloses a material event regarding the acquisition of one of the registrant's portfolio companies.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a corporate event rather than periodic financial performance data.
Material Changes
On November 23, 2005, the registrant announced that its portfolio company, Innovation Interactive LLC, has been acquired by Livedoor Co. Ltd. Livedoor Co. Ltd. is the parent company of Livedoor Inc., which operates a network of portals in the U.S., Japan, China, and Spain.
Guidance, Outlook, and Risks
The filing does not contain management guidance, future outlook, or specific risk factors beyond the disclosure of the acquisition event. The full text of the press release regarding the transaction is included as Exhibit 99.1.
Investor Verification Checklist
- Verify the terms of the acquisition of Innovation Interactive LLC by Livedoor Co. Ltd. in the attached press release (Exhibit 99.1).
- Confirm the financial impact of this exit on Technology Investment Capital Corp.'s portfolio valuation.
- Review subsequent filings for details on the consideration received for the portfolio company.